World Athletics president Sebastian Coe is adamant he has broken no rules in the face of claims over the weekend that he has a conflict of interest in his business dealings.
An investigation in the Daily Telegraph pointed to concerns that CSM Sports and Entertainment, a company for which Coe is Executive Chairman, had profited from deals with Japanese conglomerate Dentsu, which owns World Athletics' commercial rights.
Member of Parliament, John Nicolson, who sits on the digital, culture, media and sport committee, has called for a parliamentary enquiry, but Coe has defended his position.
Coe said: “I and my teams at World Athletics and CSM take very seriously any allegations of inappropriate conduct as both organizations have strong governance and ethical compliance processes. We are all clear of the rules and abide by them at all times.”
Coe had previously been thwarted in gaining membership of the International Olympic Committee (IOC) over his ties to CSM.
Last week, in explaining that Coe would now be proposed for membership, IOC president Thomas Bach said Coe was taking up a more 'passive' role at CSM.
Coe stepped down from an ambassador role with Nike in 2015 amid claims of a conflict of interest between that position and his role at World Athletics.